One 97 Communications, which operates fintech platform Paytm, saw its shares rise 9% to hit an intraday high of Rs 1,244.05 on the BSE in an otherwise weak trading session. The price action was accompanied by strong volume, which rose 1.5 times on the BSE. The rally is believed to be due to a stimulus […]
Financial services technology platform Paytm on Thursday reported a consolidated net profit of Rs 225 crore in the third quarter. This compares to a loss of Rs 208 crore in the year-ago period. On a sequential basis, profits rose 971% from Rs 21 crore in the previous September quarter.Revenue from operations in the period under […]